Flexible Electronics News

Impinj Reports 1Q 2023 Financial Results

Reports revenue of $85.9 million, a record for the RAIN RFID specialist.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Impinj, Inc., a leading provider and pioneer of RAIN RFID solutions, released its financial results for the first quarter ended March 31, 2023. “Our first-quarter results were solid, with record revenue and a very strong multi-quarter endpoint IC backlog,” said Chris Diorio, Impinj co-founder and CEO. “With confidence in our platform solutions and the secular market growth, we are well positioned to capitalize on our opportunity.” First Quarter 2023 Financial Summary: • Revenue of $85.9 m...

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